Short Interest in Liberty All-Star Growth Fund, Inc. (NYSE:ASG) Decreases By 15.7%

Liberty All-Star Growth Fund, Inc. (NYSE:ASG) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 73,700 shares, a decline of 15.7% from the October 15th total of 87,400 shares. Based on an average trading volume of 224,300 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ASG. Mercer Global Advisors Inc. ADV boosted its stake in Liberty All-Star Growth Fund by 2,468.1% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 461,229 shares of the investment management company’s stock valued at $2,463,000 after purchasing an additional 443,269 shares during the period. City of London Investment Management Co. Ltd. bought a new stake in Liberty All-Star Growth Fund in the 2nd quarter valued at about $856,000. International Assets Investment Management LLC grew its position in shares of Liberty All-Star Growth Fund by 473.5% during the 3rd quarter. International Assets Investment Management LLC now owns 15,105 shares of the investment management company’s stock worth $85,000 after purchasing an additional 12,471 shares in the last quarter. Calamos Advisors LLC boosted its stake in shares of Liberty All-Star Growth Fund by 46.4% in the second quarter. Calamos Advisors LLC now owns 62,946 shares of the investment management company’s stock valued at $336,000 after buying an additional 19,963 shares during the period. Finally, GAMMA Investing LLC acquired a new position in Liberty All-Star Growth Fund in the 3rd quarter valued at $28,000. 21.62% of the stock is owned by institutional investors.

Liberty All-Star Growth Fund Price Performance

Shares of NYSE:ASG traded down $0.10 on Friday, hitting $5.67. The company had a trading volume of 98,458 shares, compared to its average volume of 255,347. The stock has a 50 day moving average price of $5.63 and a 200 day moving average price of $5.42. Liberty All-Star Growth Fund has a 1-year low of $4.86 and a 1-year high of $6.08.

Liberty All-Star Growth Fund Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, November 15th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.48 dividend on an annualized basis and a yield of 8.47%.

Liberty All-Star Growth Fund Company Profile

Liberty All-Star Growth Fund, Inc is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc It is co-managed by Weatherbie Capital, LLC, Congress Asset Management Company, and Sustainable Growth Advisers, LP. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.